Corporate TaxArticle·17 July 2026

CBDT exempts TDS from specified IFCS Payments

By J the App

Executive Summary

The Central Board of Direct Taxes (CBDT), through Notification No. 80/2026 dated 10 July 2026, has notified categories of payments to eligible IFSC units on which no tax is required to be deducted at source under the Income-tax Act, 2025.

The notification operates retrospectively from 1 April 2026 and is subject to specified procedural compliances.

Domain | Corporate Tax | Direct Tax

Background

Section 147 of the Incom...

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